The agreement with Japan, alongside upcoming negotiations with China, is set to influence market dynamics, including the cryptocurrency sector.
On July 23, President Trump revealed a $550 billion trade deal with Japan, which includes a 15% tariff on Japanese imports. This agreement coincides with the upcoming US-China trade negotiations in Stockholm. Bitcoin is currently consolidating at $118,684, while Ethereum has pulled back to around $3,732, with analysts predicting potential price movements. The crypto market shows signs of resilience amidst broader economic changes.